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2018NAFE Session Descriptions
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=Business Track  =Defined Benefit  =Defined Contribution  =Specialty Topics  =WP&BC Track  =Virtual Conference

 

Click here to view the 2018NAFE speakers.

Wednesday, May 23

 

 


 

Sunday, May 20

1:00 p.m. – 2:30 p.m.

General Session: What's New In Washington

Ilene Ferenczy, Esq., APA, CPC, Managing Partner, Ferenczy Benefits Law Center

 

We are one year into Trump's presidency. How has the past year affected the retirement industry? With tax reform and ongoing changes with state run retirement plans, this session will provide an update on current IRS and DOL initiatives as well as proposed Congressional legislation.

 

3:00 p.m. – 4:15 p.m. 

Adaptive Selling to Plan Sponsors

Randy Fuss, CFP, Registered Corporate Coach and Practice Management Consultant, CUNA Mutual Retirement Solutions

Level: Intermediate

 

Sometimes you only get one chance to state your case for winning or retaining the business. Designed specifically for the TPA, you will leave this session with a greater understanding of what your natural selling style is as well as learning four distinct plan sponsor buying styles. Most importantly, strategies will be discussed to identify when and how to adapt your sales presentation and ultimately increase your chances of winning the business.

 

Cash Balance — What Is It and Why Is It so Important?

Kevin Donovan, CPA, MSPA, Managing Member, Pinnacle Plan Design, LLC
Level: Intermediate

 

Cash balance plans are increasingly popular with "small" employers looking for larger tax deductions than those available in a 401(k) plan. A cash balance plan can often provide owners and key employees considerably larger benefits with relatively modest increases in costs for staff. Cash balance plans are typically paired with a defined contribution (DC) plan, so it is imperative that even "primarily DC" practitioners understand this popular retirement arrangement. This session includes numerous plan design case studies and a primer on the interest crediting rate.

 

Compliance Coordination

Kim Martin, APA, CPC, QPA, Director of Education, NIPA; Account Executive, Bates and Company, Inc.
Level: Intermediate

 

Accurate compliance testing and informed plan design are hallmarks of an "excellent" TPA; adding real value and differentiating them from bundled providers. Understanding the interplay between the compliance tests as they relate to different plan designs is key to both. The examples presented in this session will be a kickoff for this year's DC Track and its focus on "testing," so expect to come away understanding:

  • What testing your plan design dictates
  • Testing in the correct order
  •  Identifying and navigating testing perils

 Mergers and Acquisitions A Case Study Approach

David Schultz, J.D., APM, Educator and Product Manager, FIS Relius

Level: Advanced


When a client informs us they have acquired another company or have agreed to be acquired by another company, what are our first thoughts? Do we know the right questions that we should be asking? The speaker will discuss several case studies from both the acquiring firm's position and that of the firm being acquired. Come to this session to learn:

  • Why it matters what type of transaction occurs
  • What can be done if the transaction has already occurred
  •  How communication and the timing of the transaction is important

 

4:30 p.m. — 5:45 p.m.

Tips and Tricks for Hiring Top Administrators

Claudia St. John, SHRM-SCP, SPHR, President, Affinity HR Group, Inc.

Level: Intermediate

 

Is hiring and retaining top talent keeping you up at night? Are you wondering how you can improve your hiring process and get better talent? This session will explore cutting edge recruiting strategies for improving your in-house hiring efforts. Join us as we discuss:

  • How to find and assess top talent
  • Best-in-class interview tips and techniques
  • How to engage and retain new talent

Understanding Defined Benefit and Cash Balance Reports

Lorraine Dorsa, CEBS, EA, FCA, MAAA, MSPA, Actuary, Aegis Pension Services, Inc.

Level: Intermediate

 

The actuary has completed the annual report and all you see are numbers. What exactly do these numbers mean?  Here is your chance to hear an explanation of the many numbers, taking the mystery out of the actuarial report. Attendees will:                  

  • Learn the important terms
  •  Gain an understanding of the contribution ranges
  •  Determine the plan’s funded status
  • Be able to communicate better not only with the client but with the actuary

Government Forms "What's New, What's Surprising, What's Coming"

Kristina Kananen, APA, QKA, QPA, Customer Support, DATAIR Employee Benefit Systems, Inc.

Level: Intermediate

 

How well do you know your "5000" Forms? Learn what's new with the 2017 Forms, surprising tripping points and an update on modernization. TPAs have more than just the 5500 to worry about with the 5558, 5330 and 8955-SSA being possibilities for their clients. In this session you will learn:              

  • When and why you prepare particular Forms
  •  Why sometimes the simplest answers can lead to additional Forms and filings
  •  The potential for IRS/DOL scrutiny on less than perfect filings   

403(b) Issues and Compliance

Nathan Glassey, TGPC, QKA, Vice President, Non-ERISA Retirement Services, National Benefit Services

Level: Intermediate

The 403(b) restatement will provide an opportunity for administrators and plan sponsors to review their current plan design and analyze their plan operations. Attend this session to discuss:

  • Common 403(b) mistakes
  • Current 403(b) trends and best practices
  • Leveraging the 403(b) rules to optimize plan design


Return to Full Schedule of Events

 


Monday, May 21

8:15 a.m. – 9:45 a.m.

General Session: A Conversation with the Former U.S. Ambassador to Germany

John Emerson, Vice Chairman, Capital Group International, Inc.

 

John Emerson, now Vice Chairman of Capital International (a subsidiary of Capital Group, parent company of American Funds) served as ambassador to Germany during a particularly momentous time, from August 2013 through January 2017. Join us for a presentation and Q&A on a broad range of global topics. We will discuss everything from the current administrations policy on North Korea, the rise of populism in Europe and at home, the upcoming 2018 primary season, to what it's like being an ambassador to a major European power like Germany.


10:15 a.m. – 11:05 a.m.

Navigating Critical Conversations

Claudia St. John, SHRM-SCP, SPHR, President, Affinity HR Group, Inc.

Level: Intermediate

In life and work, we are faced with difficult conversations you need to have, but may not necessarily know how to approach them. Speaking with a remote employee, a client via skype or your neighboring coworker over the cubical wall, conversations can be challenging and at times intimidating. Join this session to learn:

  • How to prepare for critical topics
  • Why your approach may differ with in-person, phone or e-mail conversations
  • The way generational demographics and personalities play a role in your delivery

Required Minimum Distributions  Defined Benefit Plans

William C. Grossman, APA, ERPA, QPA, Managing Member, WCG ERISA CONSULTING, LLC

Level: Advanced

 

This session will examine the special quirks of DB plans when it comes to RMDs. The attendee will learn:

  • How the annuity distribution method differs from the account balance distribution method
  • When spousal consent is required
  • How to handle non-spouse beneficiaries
  • The impact of a participant's death before and after the required beginning date

 

Compensation  The Backbone of Retirement Plan Testing

Robert Richter, J.D., LLM, Vice President, FIS

Level: Advanced

 

Compensation, although defined in the plan document for benefit purposes, can be determined differently for testing purposes. Other issues can arise when there are exclusions that lead to a discriminatory definition of compensation. This session will cover:

  • Some possible compensation definitions
  • When and how you can stray from the plan's definition of compensation for testing purposes
  • How to deal with a plan that fails 414(s)

Data Gathering: Friend or Foe?

Virginia Sutton, QKA, Consultant, VKS Consulting and Account Executive, Johnson & Dugan Insurance Services Corp.

Level: Intermediate

 

Census data can be considered a necessary evil but it doesn't have to be. Gathering the right data points through an efficient census process can generate valuable information for more than just compliance testing. Join this session to discuss:

  • Utilizing payroll and recordkeeper partners in your process
  • Best practices for verifying census data received from the plan
  • Items that your peers are gathering that you may have overlooked
  • Ideas for utilizing the data gathered beyond the traditional year-end testing

Current H&W Legislative and Regulatory Environment
Melanie Curtice, Lawyer, Perkins Coie LLC

The world of health and welfare benefits continues to be flux in 2018. Where are we headed in the future? Come to this session to learn about the most recent legislative and regulatory developments affecting employer provided health care, the latest on the ACA, and legislation impacting other employee welfare benefits.

11:25 a.m. – 12:15 p.m.

The Use of Administrative Policies and Document Retention

Raechel Parolisi, J.D., LLM, Attorney and Pension Consultant, Law Office of Raechel Parolisi

Level: Intermediate

 

Does your firm suggest the use of separate policies that accompany the plan document? Are you recommending administrative policies to your clients for the handling of plan provisions such as in-plan Roth conversions, deferral change or auto-enrollment processing? Join us to discuss:

  • Best practices on using separate polices and procedures
  • Plan sponsor document retention requirements and storage
  • What records a TPA should retain for active plans as well as those that have terminated or transferred to new TPAs

Defined Benefit Plan Document

John P. Griffin, J.D., LLM, Principal, ASC Institute
Avaneesh Bhagat, Group Manager, Internal Revenue Service

Level: Advanced

 

The PPA restatement period for defined benefit plans is here, with the added bonus that we now have a pre-approved document for cash balance plans. This session will provide attendees:

  • Options if the current document is not a pre-approved one
  • What design options to avoid
  • How to decide whether an individually designed document vs. pre-approved works better

New Comparability 1  Nuts and Bolts

Norman Levinrad, CPC, EA, FSPA, MAAA, President and Chief Actuary, Summit Benefit and Actuarial Services, Inc.

Level: Intermediate

 

Learn the basics of how new comparability (cross-tested) formulas work, and determine whether this is an option for your employer. This session will help you to:

  • Design an effective formula; understand how the 401(a)(4) testing is performed
  • Maximize the benefit to the business owners or key employees
  • Determine how age demographics can affect your test

Red Flags Revealed: Are you Overlooking These 10 Holes in Your Retirement Plan Processes?

Kimberly Veal, AICPA, CPA, Supervisor, Rea & Associates, Inc.

Level: Intermediate

 

Do your employers have gaps in their retirement plan processes? Join us for a face-to-face session with a professional retirement plan auditor to learn:

  • The 10 most common areas to be questioned on examination
  • How to help your employer’s identify any critical gaps in their processes

 

Comprehensive Wellness Program
Katherine Sauer, Ph.D., Vice President, Innovest Portfolio Solutions

 

Employers are increasingly concerned about making sure that employees succeed financially while improving their health, wellness and productivity. These issues impact corporate bottom lines. Join us in this session to learn:

  • How financial and physical wellness programs intersect
  • Tools and resources available to help employees and employers
  • How service providers are positioned to support these programs

 

1:15 p.m. – 2:30 p.m.

Panel Discussion  TPA Trends and Best Practices

Darren Holsey, APA, APR, ERPA, QKA, QPA, Owner and Senior Consultant, Premier RPS
Sarah Simoneaux, CPC, President, Simoneaux & Stroud Consulting Services
Christopher Tipper, Chief Executive Officer, Hunter Benefits Consulting Group, Inc.

Level: Intermediate

 

You’re managing the business, but are you leading it? This panel will explore current and emerging trends in the TPA world to help keep your firm moving forward. It will touch upon a broad array of topics from marketing your business to daily operations.

 

Advanced Deduction Issues

Charlie Steingas, EA, MAAA, MSPA, Owner and Chief Actuary, Cash Balance Actuaries, LLC

Level: Advanced

 

The deferment of taxes is a major incentive to adopt a qualified retirement plan. Sometimes, knowing general deduction limits is just not enough! Join this session for an advanced discussion on:

  • How deductions are affected by multiple plans
  • Short tax years or a plan year that differs from the tax year
  • Multiple tax entities
  • Cash vs. accrual basis tax filers
  • How the deduction year relates to Schedule SB reporting

The Interplay of Eligibility and Coverage

Jane Armstrong, J.D., Partner, Phelps Dunbar, LLP

Level: Advanced

  

Multiple eligibility requirements in a plan can wreak havoc on coverage testing, but when it’s “what your client wants,” what can you do? This session reviews:

  • Different eligibility provisions and their impact on coverage testing
  • Best practices for fixing eligibility and still passing coverage
  • What to do when nothing works

Fiduciary Types and Responsibilities

Brian Furgala, Esq., CPC, QPA, Shareholder, GrayRobinson
Robyn Dela Cruz, Associate Regional Director, U.S. Department of Labor - Employee Benefits Security Administration

Level: Intermediate

 

Fiduciary responsibility continues to be a concern for plan sponsors but with the various fiduciary types and services out there, how do you know what is best for your plan? Join this session to learn some of the key differences and limitations between each of the types of fiduciaries available. Additionally, during this session attendees will learn tips to help educate and guide plan sponsors through the establishment and ongoing fiduciary committee best practices.

 

Trends in Employee Benefits – The Plan Sponsor Perspective
Lynn Leach, VP - Benefits Planning Manager, BOK Financial
Jim Lowe, Manager, Compensation & Benefits, The Cosmopolitan of Las Vegas

 

In this interactive session, attendees will hear from plans sponsors of retirement and health and welfare plans regarding the philosophy behind their employee benefit programs and how their decisions impact plan design and delivery to participants. Hear from plan sponsors about:

  • How to analyze various plan design options
  • Understanding the impact of cost restraints
  • Benefit tools for recruiting and retention
  • Getting leadership buy-in

3:40 p.m. – 4:30 p.m.

The Ins and Outs of Financial Management and Reporting

Kimberly Veal, AICPA, CPA, Supervisor, Rea & Associates, Inc.

Level: Intermediate

 

Do you know what all of the financial numbers mean when you hear your business owner talking about your firm's bottom line? This session will provide a basic understanding of financial management, focusing on:

  • Accounting principles of the standard accounting reports
  • Advantages and disadvantages of the various business entity types
  • Cash flow management and reporting
  • How an administrator contributes to the bottom line

When Good Defined Benefit Plans Go Bad

Kevin Donovan, CPA, MSPA, Managing Member, Pinnacle Plan Design, LLC

Level: Intermediate

Sometimes it seems inevitable! Despite best efforts, retirement plans can run into problems. Whether stemming from bad data, participant distribution problems, shifting demographics, or plan design, your clients will be looking to you for solutions. Using case studies, this session will focus on: some common and not-so-common problems; DB/DC retirement arrangements; and, where applicable, available EPCRS remedies. You're invited to add to the discussion.

 

EPCRS  Part 1

Alison J. Cohen, Esq., CPC, J.D., Partner, Ferenczy Benefits Law Center LLP
Stephanie Bennett, Program Coordinator, Internal Revenue Service - Employee Plans Voluntary Correction Program

Level: Intermediate

 

OOPS! You've discovered a minor plan defect during the annual compliance work! What do you do now? This session will use a case study approach to identify when a plan has a compliance issue and demonstrate how to correct minor plan defects under the most up to date guidance on the Self Correction Program (SCP). We will work through case studies to identify compliance issues, determine whether they can be self-corrected and how to document the correction methods utilized.


Qualified Domestic Relations Orders

Raechel Parolisi, J.D., LLM, Attorney and Pension Consultant, Law Office of Raechel Parolisi

Level: Intermediate

 

What makes a Domestic Relations Order a QDRO? Join us as we review ERISA requirements for Qualified Domestic Relations Orders (QDROs) and the steps required to ensure your QDRO review is efficient and cost effective. This session will cover:

  • Differences between in-house reviews and outsourced QDRO administration
  • Pitfalls and difficulties in administering QDROs
  • Best practices for QDRO administration


H&W: Hot Topics

Alison Fay, Attorney at Law, Partner, Boutwell Fay LLP
Ruel Pile
, Attorney at Law, Senior Associate, Boutwell Fay LLP

 

With the rapid changes in workforce, employers are challenged with meeting the needs of their employees and keeping them engaged in their benefit programs. Also, the delivery of healthcare has changed significantly. Come discuss the latest trends in health and welfare including:

  • The future of work and it's impact on H&W programs
  • The new healthcare delivery landscape
  • The impact of specialty Rx drugs

 

4:50 p.m. – 5:40 p.m.

Filtering the Marketing Noise

Andy Hudson, President, Step Strategic

Level: Intermediate

 

In order to grow and maintain your TPA business, referrals from financial advisors are key. Odds are the same 50-200 advisors receiving content about your firm are also inundated with sales messages from your competitors and other industry partners. This session will discuss where to find content that best suits your needs and, perhaps more importantly, how to cut through the other marketing noise to get the results you want.

 

Is It Time to Add a Defined Benefit Plan?

Lorraine Dorsa, CEBS, EA, FCA, MAAA, MSPA, Actuary, Aegis Pension Services, Inc.

Level: Intermediate

 

Your plan sponsor wants more...When is the right time to add a defined benefit or cash balance plan? This workshop will provide insight to identifying prospects and ensuring a smooth implementation. Attendees will learn:

  • How to identify if your client is a candidate
  • How to identify key communication points that the plan sponsor must understand
  • The coordination necessary with a DC plan

EPCRS  Part 2

Alison J. Cohen, Esq., CPC, J.D., Partner, Ferenczy Benefits Law Center LLP
Stephanie Bennett, Program Coordinator, Internal Revenue Service - Employee Plans Voluntary Correction Program

Level: Intermediate

 

OH GOOD GRIEF! You've discovered an even bigger plan defect during the annual compliance work that doesn't qualify for the SCP. What now? This session will use a case study approach to demonstrate how to resolve compliance defects under the most up to date guidance on the Voluntary Compliance Program (VCP) and highlight the benefits of thinking "outside the box" when it comes to plan corrections. We will work through case studies to identify compliance issues, determine eligibility for VCP and formulate the most advantageous correction methods.

 

Understanding An Accountant's Role In Retirement Plans

Charlie Steingas, EA, MAAA, MSPA, Owner and Chief Actuary, Cash Balance Actuaries, LLC

Level: Advanced

 

This session will take you through an accountant’s involvement in different types of retirement plans. Topics will cover how decisions are made regarding contributions and tax return deductions. In addition, we will discuss what IRS auditors look for, how to avoid mistakes beforehand and the requirements for audited financial statements.

 

 H&W: Ask the Experts
Melanie Curtice, Lawyer, Perkins Coie LLP
Alison Fay, Attorney at Law, Partner, Boutwell Fay LLP
Ruel Pile, Attorney at Law, Senior Associate, Boutwell Fay LLP

 

Come to this session to get answers to all your questions related to health and welfare plans.
 

 

Return to Full Schedule of Events

 


Tuesday, May 22

8:15 a.m. – 9:45 a.m.  

General Session: Personal Story Power: How to Communicate So People Listen

Sarah Simoneaux, CPC, President, Simoneaux & Stroud Consulting Services

 

"When I was nine years old, I had a dream." Doesn't this opening sentence make you want to know more? Find out why the power of your personal story can captivate any audience. Learn how to tell your story using powerful words, a more powerful tone, and then discover how to link that story to your daily communication. Attend this session to learn:

  • Why a personal story is universal to your audience
  • How to tell your story to win over clients, advisors and members of your team
  • How to link your story to any retirement services presentation

10:15 a.m. – 11:05 a.m.

Applying Military Principles to Your Firm

Derren Burrell, AIF, CDFM, DFMCP LVL 3, Chief Operating Officer, TAG Resources, LLC

Level: Intermediate

Is your firm facing high-intensity, high-stress environments that are constantly changing? Then you are on a battlefield every day. In this session you will learn to use the principles speaker Derren Burrell used in his 21 years of military service to become a strategic leader. Using the lessons he learned during his numerous deployments from the White House to Iraq/Afghanistan, Derren will share how to:

  • Be proactive rather than reactive
  • Deal with potential "landmines" in handling internal and external forces
  • Manage "up" to take care of your bosses

"Solo" Plan Design

Richard Kutikoff, CFA, EA, FSA, MAAA, MSPA, President, Pacific Benefit Services

Level: Advanced

 

Designing a defined benefit plan for an owner, owner/spouse or single participant comes with unique considerations aside from testing. This session will focus on how a plan's benefit formula, whether traditional or cash balance, is developed, including how it is affected by the 415(b) limit, fluctuating annual income, anticipated investment volatility, performance, and more.

 

Complex World of ADP/ACP Testing

Kim Martin, APA, CPC, QPA, Director of Education, NIPA; Account Executive, Bates and Company, Inc.

Level: Intermediate

 

ADP and ACP tests are a couple of the most complex areas of compliance testing that TPAs perform. Often there are unforeseen circumstances with the employers themselves, demographics or participation that make the "normal" testing unfeasible. In this session you will learn:

  • How to proceed when there are complicated testing issues
  • The various correction methods
  • When to use the "otherwise excludable" testing options
  • How you can effectively use permissive disaggregation

Let's Get Ethical

Alison J. Cohen, Esq., CPC, J.D., Partner, Ferenczy Benefits Law Center LLP

Level: Intermediate

 

In today’s fast pace environment and social media world, are you applying appropriate skills when providing services to clients? Do you take short-cuts because the business world is shifting toward instant messages and 140 characters? This session will cover:

  • The knowledge you should have about business ethics
  • How to develop an effective code of ethics for your business
  • Circular 230 requirements

Retirement: Ask the Experts
Kevin Donovan, CPA, MSPA, Managing Member, Pinnacle Plan Design, LLC
Brad Huss, Director, Trucker Huss APC
Rick Rodgers, AIF, AIFA, Director, Consultant, Strategies Capital Management
Sherrie Boutwell, Attorney at Law, Partner, Boutwell Fay LLP

 

Join your colleagues for a discussion of whatever is on your mind with respect to retirement plans, both defined benefit and defined contribution plans.

 

11:25 a.m. – 12:15 p.m.

The Target Date Fund Revolution

Karyn Dzurisin, QPA, QKA, TPA Business Development Manager, American Funds

Level: Advanced

 

Since the Pension Protection Act (PPA) made target date funds eligible as a qualified default investment alternative (QDIA), they have exploded in popularity. As a result, target date funds may be a plan's single largest holding. Attend this session to learn:

  • The benefits of target date funds
  • Five factors for evaluating target date funds
  • Analysis suggestions for a plan to use when choosing target date funds
  • How to utilize target date funds in a plan

Overfunded Plans at Termination

Thomas Finnegan, FSPA, FCA, MAAA, Executive Vice President, CBIZ Retirement Plan Services

Level: Advanced

 

What do you do when your defined benefit plan is overfunded? This session will discuss what can be done to get the funded status to a more appropriate level. You will learn about the following options with regard to both single person DBs and those with covered employees:

  • Ways to utilize the excess assets
  • Technical and communication strategies for this situation
  • How to terminate these types of plans
  • What happens if you can not use up all of the excess assets

 

Top Heavy Testing in the "World of Small Plans"

Virginia Sutton, QKA, Consultant, VKS Consulting and Account Executive, Johnson & Dugan Insurance Services Corp.

Level: Advanced

Top heavy testing is required of all plans, but it's really "small plans" that it impacts most. For the small plan, it rules the design, testing and funding required to make them compliant and run smoothly. This session will focus on:

  • 416 testing itself and how it can be complicated by catch-up contributions and off-calendar year plans
  • How you determine the required funding when you have multiple eligibility
  • What effect top heavy minimum funding has on the other testing

Ethics  Life in the Real World

Alison J. Cohen, Esq., CPC, J.D., Partner, Ferenczy Benefits Law Center LLP

Level: Intermediate

 

We all encounter situations where we are standing on the ethical line and have to decide whether or not to cross that line. This interactive session will review real world examples with a discussion on possible solutions and potential consequences to these ethical cases.

 

How Will Tax Reform Impact My Executive Compensation Programs?
Scott Galbreath, J.D., LLM, Employee Benefits and Executive Compensation Practice Team Leader, Murphy Austin Adams Schoenfeld LLP

 

This session will explore the developments of executive and equity compensation in the current and evolving tax environment, plus how executive compensation can complement your employee benefits program. Come to this session to:

  • Understand the impact of tax reform
  • React to the latest developments
  • Determine how to structure executive compensation programs for maximum effectiveness


1:45 p.m. – 3:00 p.m.

Demographic Evolution  Challenges and Opportunities

Michael J. DiCenso, President, DiCenso Consulting

Level: Intermediate

 

American demographics are evolving with baby boomers retiring and millennials increasing in the workforce. National social programs and retirement plans are faced with new challenges and opportunities as the demographics change. This session will present:

  • The statistics and data behind these challenges
  • Solutions to overcome these obstacles
  • Ideas on how to benefit from this evolution

AFTAPs and Restricted Benefits

Thomas Finnegan, FCA, FSPA, MAAA, Executive Vice President, CBIZ Retirement Plan Services

Level: Advanced

The session will discuss the calculation and timing of the AFTAP. It will also illustrate how and when the AFTAP status restricts benefits. After attending this session, participants will be able to:

  • Determine a plan's AFTAP
  • Determine the extent to which an AFTAP status restricts benefits
  • Cover what sponsors can do to avoid the application of benefit restrictions
  • How to make up for benefits lost during a restriction period

 

Defined Contribution Plan Document Update

John P. Griffin, J.D., LLM, Principal, ASC Institute
Avaneesh Bhagat, Group Manager, Internal Revenue Service

Level: Advanced

 

The IRS is making significant modifications to the determination letter program which has raised a host of new concerns for document preparers. The speaker will cover the latest developments affecting individually designed and pre-approved plan documents for 401(a) plans, as well as 403(b) plans. The session will look at:    

  • The different document choices
  • The availability of "reliance" (with and without an IRS submission)    
  • Potential liability risks for plan sponsors                  

Panel Discussion  Working with the Plan's Auditor

Kristina Kananen, APA, QKA, QPA, Customer Support, DATAIR Employee Benefit Systems, Inc.
Michael F. Smith, QKA, QPA, Vice President, Qualified Plan Consulting, Voya Financial

Christopher Tipper, Chief Executive Officer, Hunter Benefits Consulting Group, Inc.

Level: Intermediate

 

The list of required audit documents and sample employee groups gets longer and longer each year. Your plan sponsor relies on you to make sure the process goes smoothly. But how do you deal with a difficult auditor or one who wants you to do all the work without increasing your expenses? Join us as our panel reviews:

  • Information that is required by auditors and why
  • How and when to engage other service providers
  • Proposed AICPA changes
  • The modernization initiative
  • Best practices for your TPA firm

 Benefit Litigation: A Plaintiff's Perspective vs. a Defendant's Perspective
Brad Huss, Director, Trucker Huss APC
Margo Greenough, Partner, Renaker Hasselman Scott LLP

 

Join us for this timely topic to hear about recent court decisions involving ERISA, ACA and other benefit plan topics. The session will include both the plaintiff's and defendant's perspectives proving a unique opportunity to understand both sides. After the session, attendees will be able to:

  • Identify potential litigation exposure
  • Apply the lessons learned to protect your practice
  • Help clients avoid being defendants

 

3:20 p.m. – 4:10 p.m.

Increasing Your TPA Value

Marc M. Roberts, APR, ERPA, President, Associated Pension Consultants
Christopher Tipper, Chief Executive Officer, Hunter Benefits Consulting Group, Inc.

Level: Advanced

 

When it comes to acquisitions, is your firm prepared to buy or sell? Do you know the right questions to ask and understand the key information required for a successful transaction? This panel will participate in a Q&A discussion focusing on:

  • The right time to value your firm
  • How to value your firm and steps to take to increase the value
  • Tips for negotiating a deal
  • Lessons learned from past acquisition experience
  • The modernization initiative

ASC 715 Disclosure

Richard Kutikoff, CFA, EA, FSA, EA, MAAA, MSPA, President, Pacific Benefit Services

Level: Advanced

What is ASC 715? This session will help you understand the disclosure, accounting and reporting requirements related to single-employer defined benefit pension plans. Attendees will learn:

  • How the discount rate is determined
  • How the plan liability and expenses are determined
  • The information needed for plan termination

New Comparability 2 Advanced Design and Testing

Norman Levinrad, CPC, EA, FSPA, MAAA, President and Chief Actuary, Summit Benefit and Actuarial Services, Inc.

Level: Advanced

 

Now that you know the basics of new comparability, it's time to cover more advanced plan design opportunities. This session will help you to:

  • Effectively design a formula to allow owner family members to benefit
  • Determine other assumptions that you can make to get a 401(a)(4) test to pass
  • Tweak the "basic" testing when it doesn't pass (such as component testing)
  • How generational volatility can impact the testing

457(b) Governmental and Top Hat Plans

Margaret A. Younis, APA, APR, CPC, ERPA, QKA, QPA, TGPC, Senior Consultant, Retirement Plan Design and Consulting Group, Lincoln Financial Group

Level: Intermediate


457(b) plans are an often underutilized benefit offering, primarily because their value is misunderstood. Join this session to learn which plan types are best paired with a 457(b) plan or when to let it stand on its own. Additionally, attendees will learn the key differences and value between a 457(b) governmental plan and a 457(b) top hat plan.

 

The Crazy Quilt of Governmental Leave Laws and How It Impacts Your Benefit Programs
Malcolm Slee, Principal, Groom Law Group

 

In addition to federal leave laws such as FMLA, employers are confronted with complying with an increasing number of state leave regulations, including requirements to provide paid leave. Congress is also looking at new laws for paid leave. This session will address:

  • How employers design their benefit programs to comply with the myriad of leave laws
  • What administration pitfalls to avoid
  • Other considerations employers need to know with respect to these laws


4:30 p.m. – 5:20 p.m.

Migrating to the Cloud & Data Security

Darren Conner, Chief Technology Officer, PensionPro
Level: Intermediate

As more and more aspects of our industry are moving to the web with cloud based computing and storage, data security is a topic that we are constantly faced with. Are your firm's data management policies enough? Join this session to learn:

  • How to feel confident that your data is both stored and transmitted securely
  • What it really means to move your business to the cloud
  • How to transition your business to make the move to cloud servers
  • What security measures you should be taking to meet industry standards

New Comparability 3  Combo DB/DC

Norman Levinrad, CPC, EA, FSPA, MAAA, President and Chief Actuary, Summit Benefit and Actuarial Services, Inc.
Level: Advanced


Now that you have designed a functional new comparability plan formula in your DC plan, the owner wants more! It's time to look at the addition of a Defined Benefit/Cash Balance (DB/CB) plan. This session will help you to:

  • Examine the design changes you may need in your DC plan
  • Determine the formula for your DB/CB Plan
  • Understand how the 401(a)(4) testing is performed when combining a DB/DC plan
  • Identify contribution adjustments or corrections needed

Processing Hardships  Has It Become a Hardship Itself?

David Schultz, APM, J.D., Educator and Product Manager, FIS Relius
Level: Intermediate


Hardships are often misunderstood distributions. Employees and employers alike often do not know which situations are eligible for hardship and which ones are not. This session will discuss:

  • When and why a hardship can be taken
  • How hardships are processed
  • The IRS substantiation guidelines
  • The current exceptions for disaster relief

The Future of Health Savings Accounts

Andy Lovell, APA, APR, ERPA, MBA, QKA, Vice President, ERISA Retirement Services, National Benefit Services, LLC
Level: Intermediate


HSAs are growing in popularity as a general employee benefit. Do your plan sponsors consider it as part of their retirement benefits? This session will provide a background on HSA plans, how to provide a high level of education to a plan sponsor, and how to incorporate HSAs as part of an overall growth strategy.

 

DC Plan Investments
Rick Rodgers, AIF, AIFA, Director, Consultant, Strategies Capital Management

 

This session will cover recent developments, current trends and upcoming changes in defined contribution plan investments. Attendees will learn:

  • Best Practices in 401(k) Plan Lineups
  • Litigation's Effect on 401(k) Plan Offerings
  • Market update
  • Economic outlook
  • Upcoming legislation impacting investments

 

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Wednesday, May 23

8:30 a.m. – 9:45 a.m.

Internal Controls and Fraud Detection

Paul Perry, CISM, CITP, CPA, FHFMA, Member, Risk and Controls Practice Leader, Warren Averett, LLC
Level: Intermediate


With fraud on the rise, are your internal controls effective and sufficient to prevent fraud within your organization? Join us as we review how the right controls can help mitigate fraud through:

  • Implementation of an internal controls model
  • Risk assessments
  • Analysis of System and Organization Controls (SOC) Reports

Automatic Enrollment Are You In or Are You Out?

Robert Richter, J.D., LLM, Vice President, FIS
Level: Advanced


Are employees prepared for retirement? What can employers do to help? This session will explore the array of automatic enrollment design options available to them. Attendees will learn:                              

  • How automatic enrollment works and what the notice requirements are
  • The pros and cons of various automatic enrollment designs
  • How to identify the trends in automatic escalation and reenrollment
  • All of this and much more, if you don’t “opt out!”

State Administered Retirement Plans

Michael J. DiCenso, President, DiCenso Consulting
Level: Intermediate

 

80 million working Americans do not have access to a retirement plan and one-third of Americans have saved NOTHING for retirement. As a result, eight states and two cities are launching retirement programs with 27 additional states considering doing the same. What does this mean for our industry? In this session we will learn:

  • The ins-and-outs of the Department of Labor regulations
  • How the programs may differ from state to state
  • The proposed plan designs, implementation dates and eligibility requirements
  • The anticipated flawed pricing set by those lawmakers involved

10:00 a.m. – 11:15 a.m.

Evaluating Your Processes to Maximize Client Value and Eliminate Waste

Andy Lovell, APA, APR, ERPA, MBA, QKA, Vice President ERISA Retirement Services, National Benefit Services, LLC
Level: Intermediate

If it ain’t broke, don’t fix it. However, what if what is not broken does not add value? This session will outline the process of value stream mapping, focusing on:

  • Identifying the value points of your services and products
  • How to recognize necessary non-value adding steps
  • How to eliminate waste to create greater efficiency

Required Minimum Distributions Defined Contribution Plans

William C. Grossman, APA, ERPA, QPA, Managing Member, WCG ERISA CONSULTING, LLC
Level: Advanced


In applying the RMD rules each participant's circumstance can be different and present a challenge for TPAs. This session will discuss the rules, real-life scenarios and solutions. Attendees will learn:

  • How to identify circumstances that can impact the RMD
  • An understanding of the guidance as well as "best practices" when guidance doesn't exist
  • How to deal with liquid assets
  • The impact of Roth assets and multiple plans

Multiple Employer Plans — MEP-to-PEP

Terrance Power, AIFA, CFP, ChFC, CLU, CPFA, CRPS, ERPA, QPA, President, The Platinum 401k, Inc.

Level: Intermediate


In this session we will discuss the historic shift in the proposed tax law changes regarding Multiple Employer Plans (MEP). We will review the formalized structure which allows employers to band together under Pooled Employer Plans (PEP) beginning in 2021. You will leave this session with an understanding of:

  • What's changed with MEPs/PEPs under the new tax laws
  • Benefiting from the changes today
  • How to position your firm for future growth under the changes                                          
  • How advisors and TPAs can become Pooled Plan Providers


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